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U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2020

Posted onJune 22, 2016

IndexBox Marketing

IndexBox Marketing has just published a new report “U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2020”

The U.S. is the leader in global imports of commercial and industrial air-conditioning, air heating, and refrigeration equipment, accounting for a 15% share (based on USD). It was followed by Germany (7%) and China (7%). In 2015, U.S. imports of air-conditioning, air heating, and refrigeration equipment totaled 15,435 million USD, which was 204 million USD (1%) higher than the year before.

From 2007 to 2015, U.S. imports showed mixed dynamics. A significant drop in 2009 was followed by steady growth over the next six years, with a deceleration in 2015. There was an annual increase of +11.7% throughout the period, since imports started an upward trend.

In 2011, U.S. imports of commercial and industrial air-conditioning, air heating, and refrigeration equipment surpassed the pre-recession level of 2007.

With imports growing rapidly in the recent years, the U.S. continues to be one of the biggest markets for global exporters.

Mexico, China, and Japan were the main suppliers of commercial and industrial air-conditioning, air heating, and refrigeration equipment into the U.S., with a combined share of 69% of total U.S. imports in 2015. Mexico was the fastest growing supplier (+8.6% per year) from 2007 to 2015, while imports from China and Japan grew by +5.8% per year and +4.1% per year, respectively. Mexico significantly strengthened its position in the U.S. import structure, from 28% in 2007 to 36% in 2015. The shares of other major supplying countries remained relatively stable over the same period.

From 2007 to 2015, the U.S. was a net importer of commercial and industrial air-conditioning, air heating, and refrigeration equipment. Moreover, imports grew at a faster average rate than exports over the period under review.

After several fluctuations, U.S. trade deficit in this sector worsened over the period under review, growing from 2,349 million USD in 2007 to 5,517 million USD in 2015. The negative trend accelerated sharply in 2014, following rising imports.

“U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. market for commercial and industrial air-conditioning, air heating, and refrigeration equipment. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.